Soil sampling at Corazon Mining’s Miriam nickel project in WA has expanded the lithium target zone to around 1.6km in length.

The soil sampling was designed to define the extents of the spodumene-rich pegmatite for first pass drill testing, after the company found spodumene-bearing pegmatite along with widespread indicators of pegmatite in a field mapping program last year, with assays returning up to 1.85% Li2O.

Along with the large 1.6km lithium geochemical anomaly, the program also found a second trend of around 600m.

Assays also returned a peak result of 99ppm lithium, with the results close to the spodumene rich outcrop returning grades between 22.1ppm and 76.4ppm.

Critical metals in demand

Corazon Mining (ASX:CZN) is confident the commodity mix of its projects place it in a strong position to take advantage of the growing demand for metals critically required for the booming rechargeable battery sector.

“The Miriam nickel sulphide project is an exciting exploration play and a valuable second tier project for Corazon’s strategically significant Lynn Lake nickel copper cobalt project in the province of Manitoba, Canada,” the company said.

The company also holds the Mt Gilmore cobalt-copper-gold project in NSW, but says Lynn Lake presents a major development opportunity – and expects to announce an update on recent activities at the project in the coming weeks.

Dual exploration focus at Miriam

Corizon plans to conduct a shallow drilling program to test the lithium anomalism, in parallel with its aggressive, ongoing nickel sulphide exploration program at the Miriam nickel sulphide trend to the west.

This will include RC and diamond core drilling of three large komatiite (ultramafic lava) channels (all with nickel sulphide anomalism in previous drilling) one of which hosts the historic drill-defined Miriam nickel sulphide deposit.

Shallow RC and potentially core drilling of the lithium soil anomaly is also planned.




This article was developed in collaboration with Corazon Mining, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.